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NIA ROO Investments LLC Acquires Industrial Building In Wallingford For $1.7 Million
SOLD
$1,700,000
Connecticut
See Similar DealsIndustrial20,672 SF
Sold 09/29/2025
SOLD
NIA ROO Investments LLC Acquires Industrial Building In Wallingford For $1.7 Million
856 North Main Street Extension
See Similar DealsIndustrial20,672 SF
Sold 09/29/2025
Summary
CONNECTICUT
Asset Type:Industrial
Price Per Square Foot:$82
Total Square Footage:20,672 SF
Transaction Type:Sale
An industrial building located at 856 North Main Street Extension in Wallingford, CT, has been sold for $1,700,000. The property spans 20,672 square feet, resulting in a price per square foot of $82.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,700,000
- Address: 856 North Main Street Extension
- Market: Wallingford, CT
- Square Footage: 20,672
- Price Per Square Foot: $82
- Buyer: NIA ROO Investments LLC
- Seller: Jakx, LLC
- Buyer's Representative: Victoria DePaolo - Farmingbury Real Estate
- Seller's Representatives: Frank Hird & Sam Crampton - O,R&L Commercial
The transaction involved NIA ROO Investments LLC as the buyer and Jakx, LLC as the seller, with Victoria DePaolo representing the buyer and Frank Hird along with Sam Crampton representing the seller in the deal.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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